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Trading is as simple as 1-2-3

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  • Post #8,681
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  • Jul 22, 2019 4:27am Jul 22, 2019 4:27am
  •  hal7
  • Joined Apr 2011 | Status: Member | 3,454 Posts
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Long AU +5 locked
 
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  • Post #8,682
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  • Jul 22, 2019 6:58am Jul 22, 2019 6:58am
  •  hal7
  • Joined Apr 2011 | Status: Member | 3,454 Posts
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Long CA +5 locked
 
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  • Post #8,683
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  • Jul 22, 2019 8:56am Jul 22, 2019 8:56am
  •  Lawnman
  • | Joined Feb 2017 | Status: Member | 784 Posts
MYM Micro DOW Futures (US30)
"Hal special" -7 points
Trade was in profit, had a stop order at BE+5, not enough liquidity to fill, so I took a loss. Of course it's back in profit now.
Pink arrow, entry, blue arrow, exit.
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Wow! I've got some experience to gain.
 
1
  • Post #8,684
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  • Jul 22, 2019 9:12am Jul 22, 2019 9:12am
  •  Eve55
  • | Joined Sep 2016 | Status: Member | 138 Posts
Quoting hal7
Disliked
{image} Long CA +5 locked
Ignored
Hello hal7, if you're still holding the store, great .... I'm waiting for a turn, I'll see you in an hour.
 
 
  • Post #8,685
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  • Jul 22, 2019 11:19am Jul 22, 2019 11:19am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 11,551 Posts
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
 
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  • Post #8,686
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  • Jul 22, 2019 11:52am Jul 22, 2019 11:52am
  •  maxwell87
  • | Joined Mar 2018 | Status: Member | 91 Posts
Hello,

so basically... when looking @all major pairs with this strategy today... all would have been wins, with correct SL and TP management?

Regards,
Max
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  • Post #8,687
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  • Jul 22, 2019 2:17pm Jul 22, 2019 2:17pm
  •  doubletop
  • | Joined Dec 2005 | Status: Guess! | 315 Posts
Quoting hal7
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{image} Short EG +5 locked
Ignored
Hi hal7,

Still following your posts, very impressive hit rate you have

Keep up the good work . DT
 
 
  • Post #8,688
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  • Jul 22, 2019 2:19pm Jul 22, 2019 2:19pm
  •  7Shun
  • | Additional Username | Joined Dec 2018 | 161 Posts
I’m often mystified why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. The key aspect to successful trading decisions is derived from the economic fundamentals. The fundamental backdrop of the market consists of three major areas and that’s why it’s hard to pin point currency direction sometimes. The fundamental aspect of the market is extremely complex and it can take years to master them. There is a lot of money to be made from trading the economic data releases. The key to trading the releases is twofold. First, having an excellent understanding of the fundamentals and how the various releases impact the market. Secondly, knowing how to execute the trades with precision and without hesitation.
 
1
  • Post #8,689
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  • Jul 22, 2019 8:30pm Jul 22, 2019 8:30pm
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 11,551 Posts
Quoting 7Shun
Disliked
I’m often mystified why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. The key aspect to successful trading decisions is derived from the economic fundamentals. The fundamental backdrop of the market consists of three major areas and that’s why it’s hard to pin point currency direction sometimes. The fundamental aspect of the market is extremely complex and it can take years to master them. There is a lot of money to be made from trading the economic...
Ignored
This style of trading eliminates all of that. The why does not matter. Price will make highs and lows and then reverse each and every trading day.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
 
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  • Post #8,690
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  • Jul 23, 2019 1:06am Jul 23, 2019 1:06am
  •  Eve55
  • | Joined Sep 2016 | Status: Member | 138 Posts
Quoting 7Shun
Disliked
I’m often mystified why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. The key aspect to successful trading decisions is derived from the economic fundamentals. The fundamental backdrop of the market consists of three major areas and that’s why it’s hard to pin point currency direction sometimes. The fundamental aspect of the market is extremely complex and it can take years to master them. There is a lot of money to be made from trading the economic...
Ignored
I disagree with you, I think it depends on what approach to trading is chosen. Style TooSlow 1-2-3 I trade and thank you very much for sharing it, and thank both hal7 and Lem ... and I can say I'm consistent. And big money? It only depends on account size.
I attach success this month
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  • Post #8,691
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  • Jul 23, 2019 2:24am Jul 23, 2019 2:24am
  •  lemercenaire
  • Joined Oct 2015 | Status: Member | 18,269 Posts
Quoting Eve55
Disliked
{quote} I disagree with you, I think it depends on what approach to trading is chosen. Style TooSlow 1-2-3 I trade and thank you very much for sharing it, and thank both hal7 and Lem ... and I can say I'm consistent. And big money? It only depends on account size. I attach success this month {image}
Ignored
Hi Eve, I thought I saw you here yesterday! Good to see you and hear from you again and so glad that you have been able to work away quietly making this work for you.

Well done
 
 
  • Post #8,692
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  • Jul 23, 2019 3:25am Jul 23, 2019 3:25am
  •  hal7
  • Joined Apr 2011 | Status: Member | 3,454 Posts
Quoting Eve55
Disliked
{quote} Hello hal7, if you're still holding the store, great .... I'm waiting for a turn, I'll see you in an hour.
Ignored
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Name: 072319ca.png
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No I did not hold on to that CA trade from yesterday. I had closed out as I was not able to stay yesterday. It was one of those runs you like to be on though. Got about 107 and for now is still holding. Some days I find myself on the opposite side of these. Being in the right place at the right time has its advantages.
 
1
  • Post #8,693
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  • Jul 23, 2019 3:33am Jul 23, 2019 3:33am
  •  Eve55
  • | Joined Sep 2016 | Status: Member | 138 Posts
Quoting hal7
Disliked
{quote} {image} No I did not hold on to that CA trade from yesterday. I had closed out as I was not able to stay yesterday. It was one of those runs you like to be on though. Got about 107 and for now is still holding. Some days I find myself on the opposite side of these. Being in the right place at the right time has its advantages.
Ignored
I was waiting for a turn, I know this is not exactly according to TooSlow rules, but I found my way out of the bandwagon
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1
  • Post #8,694
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  • Jul 23, 2019 4:51am Jul 23, 2019 4:51am
  •  hal7
  • Joined Apr 2011 | Status: Member | 3,454 Posts
Quoting Eve55
Disliked
{quote} I was waiting for a turn, I know this is not exactly according to TooSlow rules, but I found my way out of the bandwagon {image}
Ignored
No it isn't, but it looks like you caught a nice pull back there and rode it. On days like today I just like to go with what it is giving. I have not seen any 123 trades. But I happen to be short the GU and riding it down as it goes.
 
 
  • Post #8,695
  • Quote
  • Jul 23, 2019 5:34am Jul 23, 2019 5:34am
  •  Lawnman
  • | Joined Feb 2017 | Status: Member | 784 Posts
MYM
-6
2 entries, one accidentally entered on my demo account and closed at a "loss"
2nd entry was live resulting in a loss of 6.
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Wow! I've got some experience to gain.
 
 
  • Post #8,696
  • Quote
  • Jul 23, 2019 5:35am Jul 23, 2019 5:35am
  •  hal7
  • Joined Apr 2011 | Status: Member | 3,454 Posts
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Short EG +5 locked
 
2
  • Post #8,697
  • Quote
  • Jul 23, 2019 5:37am Jul 23, 2019 5:37am
  •  Lawnman
  • | Joined Feb 2017 | Status: Member | 784 Posts
Quoting Lawnman
Disliked
MYM -6 2 entries, one accidentally entered on my demo account and closed at a "loss" 2nd entry was live resulting in a loss of 6. {image}
Ignored
Tick chart detail, blue lines, highest high and highest open.
First pink and blue arrow, demo entry and exit.
Second pink and blue arrows, live entry and exit.
Attached Image (click to enlarge)
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Name: MYM 09-19 (21 Tick) 2019_07_23 (5_34_39 AM).png
Size: 45 KB
Wow! I've got some experience to gain.
 
 
  • Post #8,698
  • Quote
  • Jul 23, 2019 6:16am Jul 23, 2019 6:16am
  •  Lawnman
  • | Joined Feb 2017 | Status: Member | 784 Posts
I'm not sure what the cure is for burnt fingers, but I need a remedy, quick.

MYM -9, -5

Saw momentum south on the 5 am candle, took a "Hal Special", then entered short on the 6 am candle.
Attached Image (click to enlarge)
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Name: MYM 09-19 (60 Minute) 2019_07_23 (6_12_41 AM).png
Size: 54 KB
Wow! I've got some experience to gain.
 
 
  • Post #8,699
  • Quote
  • Jul 23, 2019 6:18am Jul 23, 2019 6:18am
  •  Lawnman
  • | Joined Feb 2017 | Status: Member | 784 Posts
Quoting Lawnman
Disliked
I'm not sure what the cure is for burnt fingers, but I need a remedy, quick. MYM -9, -5 Saw momentum south on the 5 am candle, took a "Hal Special", then entered short on the 6 am candle. {image}
Ignored
Details in the circle.
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Name: MYM 09-19 (21 Tick) 2019_07_23 (6_17_17 AM).png
Size: 58 KB
Wow! I've got some experience to gain.
 
 
  • Post #8,700
  • Quote
  • Jul 23, 2019 7:29am Jul 23, 2019 7:29am
  •  mizi123
  • Joined Jan 2015 | Status: Never underestimate value of an pip | 4,237 Posts
EG worth to bee monitored has hited low level
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